Core Viewpoint - Green Dot Corporation has experienced a significant stock surge, indicating a potential turnaround in its business narrative following strong second-quarter financial results that exceeded Wall Street expectations [1][2][3]. Financial Performance - Green Dot reported non-GAAP earnings per share (EPS) of 40 cents, surpassing the analyst consensus estimate of 17 cents, marking a substantial bottom-line outperformance [3]. - Non-GAAP revenues increased by 24% year-over-year to $501.2 million, with Gross Dollar Volume reaching $38.5 billion [3]. Business Segments - The growth was primarily driven by the Business to Business (B2B) services segment, which saw revenues rise by 38%, highlighting the effectiveness of Green Dot's Banking as a Service (BaaS) platform [4]. - Recent partnerships, including collaborations with Samsung and Credit Sesame, demonstrate the success of the B2B strategy and the ability to secure significant contracts [5]. Management Outlook - Management raised its full-year 2025 guidance for key profitability metrics, indicating confidence in the sustainability of the recent momentum [6]. - The company plans to diversify its partner pipeline, expecting to launch seven new partners in 2025, a significant increase from previous years [8]. Strategic Investments - A GAAP Net Loss of $47 million was attributed to a one-time, non-cash equity charge related to its partnership with Walmart, viewed as a strategic investment for long-term stability [9]. - Green Dot aims to optimize profitability by deploying cash holdings into higher-yielding assets, targeting returns between 5% and 7% [10]. Market Sentiment - Following the earnings release, Northland Securities set a price target of $16.00 for Green Dot's stock, suggesting further upside potential [11]. - The stock maintains a Moderate Buy consensus rating among analysts, reflecting a generally positive outlook despite some caution [11][12]. Valuation Metrics - Green Dot's stock price remains below its accounting book value of $16.11 per share, indicating potential undervaluation [12][13]. - A price-to-book ratio of less than one may attract value-focused investors, suggesting the market could be undervaluing the company's assets [13]. Conclusion - The combination of impressive growth, a robust pipeline of new partners, and a focus on profitability has created a compelling turnaround narrative for Green Dot, capturing the attention of Wall Street [14].

Key Takeaways GDOT Q2 EPS rose 60% to $0.40, beating estimates by more than 100%, with revenues up 23.1% to $501.2M.B2B Services revenues jumped 38.3% to $348.7M, fueled by a key BaaS partner and portfolio stability.GDOT lifts its 2025 EPS outlook to $1.28-$1.42 and EBITDA view to $160M-$170M.Green Dot Corporation (GDOT) reported impressive second-quarter 2025 results, wherein both earnings and revenues beat the Zacks Consensus Estimate.Quarterly earnings per share (excluding $1.25 from non-recurring items) ...

Green Dot (GDOT) Q2 2025 Earnings Call August 11, 2025 05:00 PM ET Speaker0Good afternoon, and welcome to the Green Dot Corporation Second Quarter twenty twenty five Conference Call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad.Please note this event is b ...

Q2 2025 Results August 11th, 2025 Green Dot Corporation Safe Harbor Statement This presentation contains forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding Green Dot's business and pipeline momentum, revenue and division trends, timing and impact of partner launches and 2025 guidance and outlook, and other future events that involve risks and uncertainties. Act ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 9 ...

Exhibit 99.01 Green Dot Reports Second Quarter 2025 Results, Raises 2025 Guidance Company Sees Increasing Momentum and Demand for Banking as a Service (BaaS) with New and Expanding Partnerships on its Embedded Finance Platform, Arc Provo, UT - August 11, 2025 - Green Dot Corporation (NYSE: GDOT), a financial technology and bank holding company that delivers seamless banking and payment solutions to consumers and businesses of all sizes, today reported its financial results for the quarter ended June 30, 202 ...

Core Insights - Green Dot (GDOT) and SoFi Technologies (SOFI) are competing U.S.-listed fintech firms in the digital banking sector, with Green Dot focusing on prepaid debit cards and Banking-as-a-Service (BaaS) solutions, while SoFi operates a full-stack digital banking platform offering various financial services [1][2] Green Dot's Case - Green Dot aims for long-term growth through strategic innovation and partnerships, issuing prepaid cards under its brand and co-branded offerings like Walmart MoneyCard [3] - The company leverages its proprietary technology and FDIC-insured banking license to provide BaaS, offering white-label solutions to major corporations such as Walmart, Uber, and Apple [4][5] - Green Dot's asset-light balance sheet allows for higher interchange margins and reduced reliance on interest income, enhancing operational efficiency and scalability [5] SoFi's Case - SoFi employs a land-and-expand strategy, attracting a growing customer base through a diverse range of financial services, which encourages partners to integrate their offerings [6] - The firm has extended its $2 billion Loan Platform Business agreement with Fortress Investment Group, focusing on personal loans and shifting towards fee-based revenues for more flexibility [7] - SoFi launched new credit cards to enhance its consumer finance footprint, with projections indicating 87% growth in EPS and 26% growth in sales for 2025 [8][10] Financial Estimates - Zacks Consensus Estimates indicate SoFi's 2025 sales will grow by 26% to $3.29 billion, with EPS expected to rise by 87% to $0.28 [10][12] - In contrast, Green Dot's 2025 sales are projected to increase by 20% to $2.05 billion, but EPS is expected to decline by 11% [13][15] Valuation Comparison - Green Dot is considered undervalued with a forward P/E of 7.65X compared to its median of 10.51X, while SoFi's higher forward P/E of 53.2X reflects strong investor confidence in its growth potential [16] Conclusion - SoFi is positioned as the stronger fintech player due to its aggressive growth strategy, national bank charter, and expanding product suite, while Green Dot's declining EPS outlook may limit its momentum [17]

Core Insights - Green Dot Corporation (GDOT) is currently trading at a low valuation of 7.99 times forward earnings, significantly below the industry average of 22.05 times, which may attract value investors seeking turnaround opportunities [1][3][8] - The market may be underestimating GDOT's potential in the fintech sector, particularly in banking-as-a-service and prepaid cards for underbanked consumers, indicating a possible upside if the company stabilizes its financials and executes growth initiatives [3][4] - GDOT's current ratio is 0.58, compared to the industry's 1.15, highlighting recent liquidity issues that raise concerns about the company's near-term financial health [4][5] Financial Performance - GDOT's stock has increased by 44% over the past three months, outperforming the industry's 6% rally, indicating positive market sentiment despite underlying concerns [11] - The Zacks Consensus Estimate for GDOT's earnings has remained unchanged over the past 30 days, and the stock currently holds a Zacks Rank 3 (Hold) [13] Competitive Landscape - SoFi Technologies (SOFI) trades at a much higher valuation of 54.51 times forward earnings, supported by strong revenue diversification and improving profitability, which justifies its premium [9] - Block (XYZ) trades at 23.53 times forward earnings, benefiting from its dual ecosystem of Cash App and Square, showcasing consistent innovation that keeps it ahead of weaker peers like GDOT [10]

Core Insights - Green Dot Corporation (GDOT) shares have increased by 46% over the past three months, significantly outperforming the industry growth of 9%, indicating a potential recovery after a challenging year [1][7]. Company Performance - Green Dot is focused on long-term growth through strategic innovation and partnerships, particularly in issuing prepaid cards and providing Banking-as-a-Service (BaaS) solutions [4][6]. - The company has established partnerships with major corporations like Walmart, Uber, and Apple, which allows it to integrate its financial products into their ecosystems, thus accessing large customer bases [5][6]. - GDOT maintains a strong balance sheet with $1.8 billion in cash and cash equivalents and generated $108.7 million in operating cash flow in the last quarter, indicating financial flexibility for growth initiatives [8]. Strategic Focus - Green Dot's asset-light balance sheet supports higher interchange margins and reduces reliance on interest income, enhancing operational efficiency [6]. - The company has never declared dividends and focuses on reinvesting earnings into growth, which may appeal to long-term investors but could deter income-focused investors [9]. Valuation and Risks - GDOT trades at a forward earnings multiple of 8.15, significantly lower than the industry average of 22.72, reflecting investor concerns about economic conditions and strategic alternatives [10]. - Projected earnings per share (EPS) for 2025 is $1.22, representing an 11% decline year-over-year, contributing to a cautious outlook among analysts [12][14]. Analyst Recommendations - Despite the recent stock rally and attractive valuation, a "Hold" recommendation is suggested due to near-term concerns such as declining earnings and macroeconomic sensitivity [14].

Core Viewpoint - Green Dot (GDOT) is a pro-consumer bank holding company that has shown strong performance over the past six months and is expected to maintain this momentum in the near term, making it a compelling addition to investment portfolios [1]. Performance Overview - GDOT's stock has returned 19.2% over the past six months, significantly outperforming the industry growth of 7.3% and the S&P 500 composite's rise of 5.5% [2]. - The company has a Zacks Rank of 1 (Strong Buy) and a VGM Score of A, indicating strong investment potential [3]. Earnings and Growth Prospects - GDOT has a solid earnings surprise history, exceeding the Zacks Consensus Estimate in two of the last four quarters, with an average earnings surprise of 5.6% [4]. - Current-year earnings estimates are at $1.22, reflecting a 9.9% growth over the past 60 days, while next year's earnings are projected to increase by 10.8% [4]. - Earnings estimates for 2025 and 2026 have risen nearly 10%, indicating expected double-digit growth [6]. Strategic Partnerships and Innovations - The partnership with Samsung enhances the Samsung Wallet with "Tap to Transfer" functionality, allowing users to send money quickly, thereby improving convenience and cross-platform compatibility [6]. - Green Dot's user-centric expansion strategy, combined with its Banking-as-a-Service (BaaS) model, allows it to power financial products for major brands like Walmart, Uber, and Apple, generating steady revenues from interchange fees and deposits [8]. Competitive Positioning - Green Dot's asset-light balance sheet differentiates it from other BaaS providers, enabling higher margins and reduced reliance on interest income, positioning the company strongly in the embedded finance space [8].